54 Coonara Street, Holland Park QLD 4121

Post-war character | 607m² block | renovation potential | tightly held pocket This property offers a rare combination of a generous 607m² block in a tightly held Holland Park pocket with a post-war home that retains original charm. For a buyer seeking value-add potential, the configuration allows for renovation, extension, or redevelopment subject to council approval, positioning it as a strong entry point into a desirable suburb. It suits owner-occupiers wanting to build equity through sweat equity or developers looking for a manageable project in a well-connected location with good school catchments. The primary risk is the bushfire overlay, which may affect insurance costs and future development approvals. Renovation costs should be carefully estimated, as the home’s age around 1980 may reveal structural surprises. The listing band suggests realistic pricing, but the estimated value from other sources sits higher, indicating negotiation room. The opportunity lies in adding value through a targeted renovation that preserves character while modernising core amenities. Hold this property for medium-term capital growth or renovate to sell into the strong local demand.